BELARUS NEWS AND ANALYSIS

DATE:

22/03/2011

Belarus cbank halts cash forex sales - sources

MINSK, March 22 (Reuters) - The Belarussian central bank has told local banks it would not sell them foreign currency in cash for their foreign exchange points, banking sources told Reuters on Tuesday.

"Banks now have to rely on their own long positions in foreign currency," one of the sources said. (Reporting by Andrei Makhovsky; Additional reporting by Nastassia Astrasheuskaya in Moscow; Writing by Olzhas Auyezov; Editing by Richard Balmforth)

Source:

http://www.reuters.com/article/2011/03/22/belarus-cbank-idUSLDE72L0JS20110322


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